Reaching the age of thirty, my income randomly doubled

Chen An’an ran off to sea fish in quite a proper fashion, and what do you know, under the guidance of a professional, she really managed to catch two sizable ones.

The spoiled brat was over the moon, and Erya was giggling by the side, clapping her little hands.

There was also a top-tier chef on the yacht, just right to process the catch, so they’ll have the freshest sea fish for lunch and dinner today.

As for Gao Hu, because he grew up with Chang Fu and Chen Pingsheng since they were kids, brothers-in-arms,

Tengying Group has been quite lenient.

Otherwise, with the way he’s poaching people, those Sha City Hotels he just opened would have to shut down immediately.

This isn’t an exaggeration at all.

After all, Tengying was able to suppress the market value of the hundred-billion Huayi brothers so they couldn’t lift their heads in short order; naturally, they could easily crush a newly-established catering business.

It’s just that there was no need to do so.

Being fired, Gao Hu probably has no idea how much negative impact his actions can have on a super-large group.

He just thought it was nothing more than playing around with a few extra women.

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For the December internship and return-to-farming activities, Chen Pingsheng intends to have Chang Fu and Yang Qian both participate.

Of course, Chu Qiuyan cannot be missed.

Moreover, it’s best for Xin Teng Live Streaming to send a batch of internet celebrities as well.

The profession of internet celebrities rose too suddenly and fleetingly.

Many haven’t had time to adjust their attitudes before they became overnight sensations due to the vast internet.

Sudden wealth leads to behavior deeply incompatible with their actual wealth.

Therefore, every month Xin Teng has to ban several big internet celebrities.

Some are banned because they become arrogant and utter foolish words, daring to discuss sensitive topics.

Others simply indulge themselves too much in private.

They rise quickly and get banned even faster.

These people still carry a strong scent of society.

They lack the basic cultivation that should accompany such wealth.

Chen Pingsheng also hopes to change their mindset slightly through such activities—at least they should be a bit more down-to-earth!

As a former big social brother himself, Chang Fu is the perfect fit to manage such a group.

Starting this year, noticeably more young people have been getting into short videos.

Even some companies have started to participate.

Various internet celebrity economy companies have sprung up incredibly fast.

Countless young entrepreneurs have set their sights on the short video track.

It’s worth mentioning that Teng You Media has also risen swiftly.

TikTok is pushing hard, and there’s a tentative divide between the reigns of TikTok in the South and Kwai in the North.

As for Tencent’s supported Wei Shi, there hasn’t been any sign of it taking off yet.

It’s just Tencent continuously funneling traffic to it.

He has also invested billions in Wei Shi and still has patience.

But at this rate, there’s a more than ninety percent chance that Tencent’s favored son won’t make it.

Once they settle this round of executive layoffs, he might even undertake a wide-scale reform of the entire group’s headquarters.

To be better prepared for the potential major economic turning points in the future.

After a lengthy discussion, Chen Pingsheng still decides to have Antler Coffee participate in the advertisement during the English Premier League season in Leicester City.

It goes without saying, but his purchase of the rising star Mbappe was spot on.

This Premier League season, he has been unstoppable and has quickly become a superstar in the football world.

If he can maintain this level of performance until the end of the Premier League season, by June 2018, during the much-anticipated World Cup,

Tengfei New Energy, which has tied its advertisement to him, could become world-renowned in a stroke.

Antler Coffee just went through a short-selling scandal by Muddy Waters; its stock price is at its lowest.

Being able to tie an advertisement to the Premier League season at this time is definitely advantageous.

Chen Pingsheng asked Yang Qian to handle the negotiations abroad herself; a simple phone call from him would suffice.

The most fiercely developed ventures of Tengying Group this year, apart from Teng You Media, are the Water Cloud Space, which is expanding in the eight sub-first-tier cities, and Antler Coffee, which is breaking into the global market.

These three enterprises have been developing the most vigorously this year.

Teng You Media is expected to officially embark on its monetization journey in the summer of 2018.

By the time it starts monetizing, it is bound to be a superenterprise not inferior to Xin Teng Live Streaming.

Additionally, Yateng Short Drama, established last year, has also made Tengying Group a substantial profit.

Just in this year alone, they’ve chopped down three billion in profit. The explosive popularity of fast-paced short dramas has left countless people in the industry shocked.

And also cursing, that it’s just too f***ing stupid.

After cursing, they sneak off to shoot their own short dramas to rake in the lousy money.

You can’t deny that the entry barrier to this industry is scarily low; someone with a little photography experience and adapts an online new media warrior son-in-law story can make money.

They were the first to eat the crab last year, but this year it’s different.

All the demons and ghosts have come out of the woodwork.

Tong Zelan is quickly leveraging connections to push for its IPO; it might be too late if delayed any further.

Mainly because this industry doesn’t even require review, you can release it right after filming.

Compared to movies and TV dramas, this is an insanely wild growth.

The number of groups making short dramas is growing geometrically every year.

If they don’t go public now, they might not be valued favorably.

Even Chen Pingsheng himself said, there are hardly any technical barriers in this industry.

There’s no moat either; it’s nothing like Tengying Entertainment with its huge gaps.

You could say, Tengying Entertainment can easily pull out seven or eight A-list celebrities that everyone knows.

Yet for Yateng Short Drama, Chen Pingsheng himself doesn’t even know of anyone famous.

And this is still a super entertainment company that brings in three billion a year; he himself finds it unbelievable.

That shows you the extent of the gap.

The cultivation of a top-tier artist requires a dual sedimentation of works and time.

Meanwhile, short dramas can be churned out by the dozen every month.

You can’t even recall the last names of the people in them.

Such a company needs to hurry up and go public through an IPO before the regulators swoop in.

Otherwise, without doing anything, the valuation could be directly halved or it might become impossible to list. Stay tuned with Freewebnovel

He understands this, and certainly Tong Zelan understands it even better.

That’s why she’s pushing to complete this critical step while Yateng still enjoys high profits.

What happens afterward doesn’t matter; they’ve already cashed out.

It’s cruel, you could say.

But that’s how the stock market works; everyone plays the game like this.

Given the capital connections Tong Zelan has built up over the years and the many listed companies she’s invested in,

pushing a short drama company with an annual profit of three billion to go public shouldn’t be too hard.

It’s just a matter of which shell company to use.

If you want speed, then using a shell is the only way.

As long as the regulatory documents can be delayed by another year, a light-asset, high-profit, low-investment, high-return company like Yateng Short Drama can make everyone massively wealthy.

"The butt dictates the head," as they say; once people decide to enter this game,

they’ll find ways to delay the regulatory documents until after everyone has cashed out.

After all, if you value it based on an annual profit of 3 billion, then Yateng Short Drama would be worth, at the very least, 30 billion.

Subtract the official policy risks and the profit margins everyone wants to enjoy,

150 to 180 billion is the most appropriate range.

If this valuation is achieved, those who invested early in Yateng Short Drama will make a huge profit.

Tong Zelan herself will create yet another investment miracle.

Of course, for the big investors and stockbrokers, no one’s a fool.

They can see the industry risks; to put it bluntly, the reason Yateng Short Drama is so profitable,

aside from enjoying the full range of resources from Tengying Entertainment, the most important aspect is that this new industry hasn’t caught the eye of top-level managers. @@novelbin@@

Not even the basic regulatory systems expected in an industry exist.

The so-called risk is all focused on this absence of regulation.

This is also the most uncontrollable factor.

As for the resources of Tengying Entertainment, no one worries about that.

After all, Tengying Entertainment is the biggest boss of Yateng Short Drama.

The support for resources here is definitely not going to change.

Everyone’s betting that the management documents won’t come out in a year, and if they do, they’ll have to see the specifics.

Those who have reached their level of influence can certainly affect certain industry resources.

At least up to now, there’s been no sign of any impending regulatory documents.

This means that at least for the next half year, the management departments above will not issue any restrictions or review documents for short drama production.

What’s left is betting on this six-month period.